Latest news with #RWA
Forbes
9 minutes ago
- Business
- Forbes
How To Launch An RWA Tokenization Project In Dubai In 2025
VARA CEO Matthew White discussed the need for harmonized regulations at Hong Kong Fintech Week 2024 Real-world asset (RWA) tokenization is evolving from early security token offering (STO) experiments into a mainstream financial trend, and Dubai is leading the regulatory charge. With a newly introduced framework for issuing and trading asset-referenced tokens and political will to embed virtual assets into the capital markets, Dubai has great potential to become a global hub for asset issuers looking to tokenize everything from real estate and commodities to art and intellectual property. Despite years of industry enthusiasm, the first wave of STOs largely failed, not due to lack of vision, but because most jurisdictions lacked the legal infrastructure to support them. There was minimal clarity on how tokenized assets should be issued, and most importantly, there were no functional secondary markets, which also required a legal base to exist. This was a proverbial catch-22 that Dubai has just solved. With the release of an updated virtual assets issuance rulebook by the Virtual Assets Regulatory Authority (VARA), RWA tokenization has shifted from concept to execution. For the first time globally, there is a truly end-to-end framework, governing issuance, custody, and trading, that allows RWA products to be launched, distributed, and scaled within a clear and enforceable regulatory perimeter. As Matthew White, CEO of VARA, confirmed to me in a recent conversation: 'The tokenisation of real-world assets is a policy priority for VARA, we see it as the foundation for a new kind of financial system, reflective of Dubai's broader ambition to be a leading global centre for digital finance under the D33 economic agenda.' The Timing And The Infrastructure Finally Align Beyond regulatory clarity, Dubai's momentum in RWA tokenization is being fuelled by global shifts in capital markets and investor appetite for transparency, efficiency, and broader access. As institutional interest grows and infrastructure matures, tokenized real-world assets are becoming the natural convergence point between traditional finance and technology innovation. 'Tokenization can unlock liquidity and create new capital flows, but only if done right,' explains Juliet Su, Managing Partner of NewTribe Capital. 'In the UAE, the regulatory frameworks are in place, but the success of a particular issuance depends on knowing what you are tokenizing, why you are tokenizing it, and how to plug into the right surrounding infrastructure. It's not enough to just issue a token, it's about aligning it with the market demand. That's how we can unlock the trillion-dollar opportunity to bring real assets on-chain.' This founder-first perspective is directly aligned with VARA's policy stance, which emphasizes substance over symbolism. As White elaborated, the regulator is focused on approving RWA projects 'where tokenisation offers clear, additive benefits, such as increased transparency, improved market efficiency, or broader investor access. Real estate has been an early focal point, not only because of its significance to Dubai's economy, but also due to the tangible benefits tokenisation can unlock, from faster settlement cycles to expanded fractional ownership allowing for democratised access.' This convergence of decisive public policy and economic relevance is what positions Dubai as a functional RWA jurisdiction. Dubai's RWA Tokenization Ecosystem Is Growing A fast-growing ecosystem of regulated players is also an interesting development. From tokenization platforms and broker-dealers to custodians, legal advisors, auditors, and infrastructure providers, a full-stack market is quickly taking shape. The new regulations are barely eight weeks old, yet we already see a coordinated movement of asset owners, regulators, and infrastructure builders working in tandem. The market is maturing fast, and the pace of new regulated platforms launches reflects the real momentum. The chart below maps out the key players shaping Dubai's RWA landscape, visually highlighting the nascent but rapidly expanding network. It offers founders and investors a clearer view of how to navigate the ecosystem and partner with the right stakeholders as they build and scale. UAE RWA Tokenization ecosystem map Which Real-World Assets Fall Under VARA in the UAE? While VARA offers the most comprehensive regulatory framework for RWA tokenization in the UAE, it does not apply to all asset types. Understanding which assets fall under VARA regulations and which fall under the jurisdiction of other regulators is essential for any project considering a launch in the UAE. Suppose you are tokenizing a traditional security, such as company shares, bonds, debt instruments, or oil futures contracts. In that case, your project falls under the jurisdiction of the Securities and Commodities Authority (SCA), the UAE's federal securities regulator. Likewise, any tokenized version of the UAE Dirham, being the only legal tender in the UAE, is regulated by the UAE Central Bank, which oversees the broader monetary policy and payment systems. The UAE operates a multi-regulator virtual asset environment, with five distinct authorities: VARA, SCA, the Central Bank, and the financial regulators of 2 financial free zones operating under English common law. Each has its own licensing regime, asset classification, and enforcement powers. Even the most seasoned founders can misjudge the boundaries of these regimes. That is why each project before launch should go through a regulatory assessment. For a detailed breakdown of how these authorities interact, the Chambers and Partners UAE Blockchain and Virtual Assets Legal Guide 2025 offers a valuable resource. Legal Structuring Is Your Launch Strategy Despite the presence of clear rules, launching an RWA project in Dubai is a complex process that requires nuanced legal structuring, capital adequacy, and strategic jurisdictional considerations. 'Founders often underestimate how jurisdictional complexity impacts go-to-market strategy,' says Anton Golub, a veteran builder and advisor to RWA Projects. 'Whether you are launching as a broker-dealer, an issuer, or under a sponsored regime, your legal structure determines everything, from investor access to token liquidity.' There is no one-size-fits-all approach. Launching an RWA project in Dubai requires founders to treat legal structuring and virtual asset service provider (VASP) licensing compliance as a core part of their product and capital formation strategy. Any project seeking to issue, trade, or enable investment into tokenized real-world assets in or out of Dubai must obtain the correct VASP license and meet high standards around governance, custody, and investor protections. When I asked White about the regulatory philosophy behind RWA projects, he explained that VARA is not interested in imposing a single structure, but in ensuring that any offering, whether from a traditional financial institution or a Web3-native team, demonstrates clear compliance with the regulations and operational resilience. In his words, 'Our objective is not to prescribe a singular architecture but to ensure every offering meets our clear standards for governance, custody, and transparency.' That means founders must make structuring decisions early, before building out platform mechanics, product features, or taking investor funds. The rules of the game are known, and the Dubai's virtual assets regulator expects participants to play like professionals. RWA Tokenization licensing roafmap for founders RWA Regulated Marketplaces High Entry Bar For those building platforms that issue and trade tokenized assets, the highest regulatory standards are imposed. Such projects must obtain a broker-dealer or exchange license and Category 1 ARVA issuer license from VARA. These licenses grant control over the entire tokenization lifecycle, including primary issuance, secondary market trading, and beyond. However, that level of licensing requires a significant degree of operational readiness. For Category 1 issuing license projects must meet the minimum capital requirements of AED 1.5 million, or 2% of the value of virtual assets held, whichever is higher. For a broker-dealer or exchange license, the capital requirements are up to 25% of fixed annual overheads, which can run into multiple of millions. The entity must be domiciled in mainland Dubai or an approved Free Zone, such as the Dubai Multi Commodities Centre with their dedicated Crypto Centre, and must operate under the continued supervision of VARA. A full compliance function is mandatory, including the appointment of a compliance officer, a money laundering reporting officer, and at least two executive directors. A physical office, robust cybersecurity systems, AML/KYC protocols, regular audits, and ongoing regulatory reporting are also required. Licensing fees per category are AED 100,000 and AED 200,000 for annual supervision. The whole licensing process, including legal structuring and regulator engagement, typically takes nine months or more. This path is not for faint-hearted builders. It's for serious operators who understand that tokenization is not just a technological upgrade, but a regulated product subject to scrutiny and accountability. As such, this raises a question of whether such highly prescribed rules will impede Web3-native innovation. However, White assured in our discussion, 'We are testing where institutional-grade rigour must be enforced, and where flexibility can be introduced to accommodate emerging innovations. Web3-native platforms that can meet these benchmarks… are welcome participants in Dubai's evolving virtual asset ecosystem.' A case in point is Ctrl Alt, launched in May 2025. It is the first licensed real estate tokenization platform in the MENA region, allowing users to invest in fractional property shares starting from AED 2,000. Through its collaboration with the Dubai Land Department, Ctrl Alt has become a live demonstration of how Web3 native platform can bring real estate ownership on-chain without sacrificing regulatory integrity. Sponsored Regime: Fast-Track Entry Not every founder needs to begin with a full-stack license. For early-stage teams testing product-market fit, the 'sponsored regime' model offers a more accessible entry point. This structure allows startups to operate under the umbrella of an existing licensed VASP. The advantages are clear. Founders can reduce initial costs, shorten their go-to-market timeline, and test real-world demand for their product, all while remaining under regulatory cover. While the responsibility for compliance, custody, and infrastructure remains with the sponsor VASP, the startup gains the ability to focus on product development and user adoption. That said, this model is not a shortcut. Founders must still produce compliant documentation, maintain operational discipline, and align closely with their sponsoring entity. The sponsor ultimately controls the brand interface with regulators and users alike. For this reason, choosing the right VASP partner is one of the most critical strategic decisions a project can make. A Model for RWA Asset Issuers Asset owners, such as property developers, luxury asset managers, and commodities traders, who want to bring their holdings on-chain but do not intend to run a trading platform, can find a more focused solution in Dubai. These projects can apply for a standalone Category 1 ARVA license for token issuance only. This leaner structure allows asset owners to legally issue tokens backed by real-world assets while outsourcing custody, trading, and settlement functions to third-party licensed platforms. The process requires a detailed whitepaper, risk disclosures, governance protocols, and a full compliance team, which I believe to be an onerous requirement since RWA tokens can only be distributed via regulated broker-dealer or exchanges, that have own compliance policies and personnel. Perhaps this requirement is something where a flexibility can be afforded in the future by VARA. The regulatory burden is arguably lighter than that of a broker-dealer. It is a more streamlined structure that allows each party to specialize - asset originators focus on creating yield and managing their products, while licensed brokers handle the distribution. For companies that prefer not to engage in licensing efforts at all, there is also the option to outsource tokenization to regulated entities. By partnering with an existing holder of Category 1 licensed issuer, asset owners can tokenize under the partner's license and infrastructure. The issuer manages legal compliance, smart contract deployment, and distribution channels, while the asset originator focuses entirely on capital formation and product delivery. As Anton Golub described it to me, 'We're entering an era where tokenization becomes modular. You don't need to control the whole stack. Asset originators can focus on sourcing yield, while licensed partners handle issuance, custody, and compliance. This specialization is what will allow RWAs to scale.' Dubai's RWA Tokenization Market Is Live As of mid-2025, the total value of tokenized real-world assets on-chain has surpassed $25 billion, according to When stablecoins, tokenized representations of fiat, are included, that number exceeds $250 billion. However, this is just a sliver of the $800 trillion in global real-world assets, indicating that the market is still in its infancy. Dubai stands out as one of the few jurisdictions where regulatory clarity, infrastructure, and capital formation converge. However, this market is not for the faint of heart, nor unprepared founders. With high regulatory, operational, and living costs, Dubai ranks as the seventh most expensive city globally. As a result, founders must carefully align their token design, legal architecture, and commercial model before launch to avoid wasting time. 'At a minimum, compliant tokenization projects must be able to demonstrate transparent disclosures, independent custody, real-time verifiability, smart contract integrity, and robust governance', White noted. These are not aspirational guidelines; they are non-negotiables. Dubai has done its part. Now it is time for builders to tokenize everything and trade it on chain, just like we ourselves prophesied back in 2018. Disclaimer: I am a practicing crypto lawyer in the UAE. As part of my legal practice, I provided consulting to UAE government entities and relevant crypto companies.
National Post
3 hours ago
- Business
- National Post
DevvStream Announces Initial Crypto Treasury Portfolio and Appoints Custodian and Consultant
Article content CALGARY, Alberta — DevvStream Corp. (Nasdaq: DEVS) (' DevvStream ' or the ' Company '), a leading carbon management firm specializing in the development, investment, and sale of environmental assets, today announced the initial composition of its crypto treasury portfolio, along with the appointment of BitGo Trust Company (' BitGo ') as qualified custodian and FRNT Financial Inc as digital treasury consultant. Article content DevvStream is deploying a forward-looking crypto treasury strategy designed to combine institutional-grade liquidity with exposure to programmable sustainability, with real-world asset (' RWA ') tokenization as a core investment thesis. The Company's treasury portfolio will initially include Bitcoin ($BTC), Solana ($SOL), and DevvE ($DEVVE), representing its dual approach to its digital asset strategy. Article content Article content Bitcoin ($BTC): Selected as the foundational asset of the digital economy, providing unparalleled security and market liquidity. Solana ($SOL): Chosen for its exceptional transaction speed and large-scale ecosystem, offering stable yield and deep liquidity for treasury management. DevvE ($DEVVE): A programmable digital asset that combines DeFi innovation and utility with the safety and security that traditional finance requires, enabling the Company's 'impact-layer tokenization' strategy. Article content 'Our treasury model isn't just about holding crypto. It's about aligning capital with our mission,' said Sunny Trinh, CEO of DevvStream. 'Our mix of assets is designed to deliver institutional-grade efficiency and income, while bridging to sustainability tokenization and real-world asset integration. Together, they position DevvStream at the intersection of liquidity, innovation, and impact.' Article content DevvStream expects to continue expanding its digital asset portfolio as part of its broader strategy to fund sustainable infrastructure, tokenize real-world environmental assets, and provide investors with diversified exposure to the emerging digital–environmental economy. Article content About DevvStream Article content Founded in 2021, DevvStream is a leading carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions. The Company's mission is to create alignment between sustainability and profitability, helping organizations achieve their climate initiatives while directly improving their financial health. Article content With a diverse approach to energy transition and carbon markets, DevvStream operates across three strategic domains: (1) an offset portfolio consisting of nature-based, tech-based, and carbon sequestration credits for immediate sale to corporations and governments seeking to offset their most difficult-to-reduce emissions; (2) project investment, acquisitions, and industry consolidation to extend the company's reach, allowing it to become a full end-to-end solutions provider; and (3) project development, where the company serves as project manager for eligible activities such as EV charging or renewable energy generation in exchange for a percentage of generated credits or I-RECs. Article content Certain statements in this news release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and generally relate to future events, trends or DevvStream's future financial or other performance metrics. In some cases, you can identify forward-looking statements by terminology such as 'may', 'should', 'expect', 'intend', 'will', 'estimate', 'anticipate', 'believe', 'predict', 'potential' or 'continue', or the negatives of these terms or variations of them or similar terminology. These forward-looking statements include statements regarding DevvStream's intentions, beliefs, projections, outlook, analyses and current expectations concerning, among other things, DevvStream's ability to continue as a going concern and to realize the benefits of its recently completed business combination, DevvStream's ability to remain listed on Nasdaq, the volatility of the market price and the liquidity of DevvStream's common shares, the impact from future regulatory, judicial, legislative or regulatory changes in DevvStream's industry, the trends in the carbon credit markets, future performance and anticipated financial impacts of certain transactions by DevvStream or others, the growth and value of the global carbon credit or I-REC market traded value, the potential of carbon credits to provide carbon emission reductions and reduce carbon emissions to limit global warming, estimated CO2 capture, sequestration, decarbonization or storage capacities or potentials of different projects in which DevvStream is investing, DevvStream's opportunity pipeline and the ability of such opportunities to generate I-RECs, carbon credits, tax credits, or shared savings revenue each year, and the market growth and value of these markets, all of which are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to the risks set forth in the Company's most recent Form 10-K, 10-Q and other SEC filings which are available through EDGAR at These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by DevvStream and its management are inherently uncertain and subject to material change. Given these risks, uncertainties, and other factors, you should not place undue reliance on these forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Article content These forward-looking statements are expressed in good faith, and DevvStream believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and DevvStream is under no obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in filings made by, or to be made by, DevvStream from time to time with the SEC and with the Canadian securities regulatory authorities. This news release is not an offer to sell or the solicitation of an offer to buy, any securities of DevvStream and this news release is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in DevvStream. All subsequent written and oral forward-looking statements concerning DevvStream or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Article content Article content Article content Article content Article content
Globe and Mail
15 hours ago
- Business
- Globe and Mail
Faraday Future Partners with HabitTrade to Accelerate its Entry into the Web3 Financial Ecosystem
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ('Faraday Future', 'FF' or the 'Company'), a California-based global shared intelligent electric mobility ecosystem company, today announced its strategic collaboration with HabitTrade, a global multi-market brokerage and digital asset infrastructure platform. This collaboration marks Faraday Future's first step into the Web3 financial ecosystem, and is supported by RWA Group ( a digital finance advisory firm. This press release features multimedia. View the full release here: Faraday Future Partners with HabitTrade to Accelerate its Entry into the Web3 Financial Ecosystem As Faraday Future expands its vision beyond mobility into the next frontier of finance, the partnership with HabitTrade aims to unlock new possibilities in Web3 capital markets—including stablecoin-based investment, native digital asset flows, and broader participation from decentralized communities. This collaboration is also a key part of Faraday Future's ongoing commitment to technological and capital infrastructure innovation. Notably, Faraday Future plans to leverage this partnership to offer exclusive HabitTrade platform benefits to its shareholders, further enhancing shareholder value through innovative Web3 financial services. 'This partnership with HabitTrade is a key milestone in our efforts to connect Faraday Future with the Web3 financial world,' said Jerry Wang, Global President of Faraday Future. 'As we continue to redefine intelligent mobility, we are also exploring how decentralized infrastructure and digital asset participation can bring greater value to our stakeholders and communities.' 'We are honored to partner with Faraday Future in building its entry into the Web3 finance space,' said Daniel, Founder of HabitTrade. 'This collaboration is more than a cross-industry initiative — it reflects a shared belief in financial accessibility, technological innovation, and the long-term potential of decentralized capital markets. As a platform that bridges traditional and crypto finance, HabitTrade will provide the infrastructure and global liquidity support needed to help forward-looking enterprises like Faraday Future embrace the next evolution of finance.' Tony Fu, Founder of RWA Group, added: 'As a Nasdaq-listed EV company, Faraday Future is not only leading innovation in intelligent mobility but also actively shaping the path from Web2 to Web3. We're pleased to support this initiative and believe more listed companies will follow suit in embracing Web3-native tools such as tokenized assets, digital issuance, and cross-border financial connectivity.' This collaboration underscores a growing convergence between traditional industry leaders and next-generation financial platforms, as more enterprises begin to leverage Web3 capabilities to unlock new value. ABOUT FARADAY FUTURE Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company's mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future's flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit ABOUT HABITTRADE HabitTrade is a global multi-market brokerage and infrastructure platform that enables stablecoin-based access to a wide range of financial products—including U.S. and Hong Kong stocks, ETFs, and crypto assets. In addition to serving individual investors, HabitTrade provides institutional services such as API connectivity and market entry solutions for IPOs, tokenization projects, and more—helping bridge the gap between traditional and Web3 capital markets. ABOUT RWA GROUP ( Based in Hong Kong Science Park, RWA Group (formerly NFT China) specializes in digital finance advisory and infrastructure services. With a team experienced in blockchain, capital markets, and asset tokenization, RWA Group supports traditional enterprises in exploring Web3 innovations such as digital issuance, compliance frameworks, and real-world asset integration. FORWARD LOOKING STATEMENTS This press release includes 'forward-looking statements' within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'plan to,' 'can,' 'will,' 'should,' 'future,' 'potential,' and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company's ability to secure necessary agreements to license or produce FX vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; the Company's ability to secure the necessary funding to execute on its AI, EREV and Faraday X (FX) strategies, each of which will be substantial; the Company's ability to secure necessary permits at its Hanford, CA production facility; the Company's ability to secure regulatory approvals for the proposed Super One front grill; the potential impact of tariff policy; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its 'at-the-market' program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of the Company's Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.
The Sun
16 hours ago
- Business
- The Sun
IVD Medical Holding Limited (01931.HK): Officially launched the application for the US stablecoin license and accelerated the landing of the IVDNewCo Exchange ecosystem
HONG KONG SAR - Media OutReach Newswire - 21 July 2025 – IVD Medical Holding Limited( - Forward-looking layout of the historical opportunity of the US 'Genius Act', the IVDD stablecoin plan is gathering momentum to set sail and build a new global infrastructure for medical innovative drugs RWA! In the wave of deep integration of global digital finance and medical innovation, IVD Medical Holding Limited( took the lead in building the 'NewCo+RWA' Web3 exchange ecosystem (IVDNewCo Exchange) with the construction of medical innovative drugs high-tech assets as the core and the supporting stablecoin 'IVDDollar' (IVDD) plan as the core strategy, leading the digital revolution of global medical innovation assets. On July 20, 2025, the Board of Directors is pleased to announce that the US subsidiary carrying the Group's aforementioned core strategic mission has landed, and the IVDNewCo Exchange ecosystem has officially landed on the international financial stage. The company released the latest announcement today, officially announcing two milestones: the US wholly-owned subsidiary IVD GROUP INC. has completed registration, and the Group has officially started the process of submitting a stablecoin license application to the US regulator through the subsidiary; at the same time, the Web3 exchange ecosystem with medical innovative drug NewCo assets as the core - IVDNewCo Exchange and its supporting stablecoin IVDD have entered a substantive stage. This strategic move not only marks the Group's leading position in the field of compliant digital finance for medical innovative drugs, but also heralds a revolutionary breakthrough in the global medical asset liquidity and value conversion model. 1. Strategic opportunities under global regulatory resonance On July 18, 2025, local time, US President Trump signed the 'Guidance and Establishment of the United States Stablecoin National Innovation Act' (hereinafter referred to as the 'Genius Act') at the White House, establishing the legal status of stablecoins as 'digital dollars'. The implementation of this bill, together with the Stablecoin Ordinance of the Hong Kong Special Administrative Region, which will take effect on August 1, forms a regulatory synergy between the East and the West, and jointly builds the compliance cornerstone of the global stablecoin market. The report of the China Banking Research Institute pointed out that currently 99% of the world's stablecoins are anchored to US dollar assets, and US Treasury bonds have become the core choice of stablecoin reserve assets due to their low risk and high liquidity. In this context, the Group proactively laid out the application for the US stablecoin license, and on July 20 officially announced that the US subsidiary had initiated the process of submitting application materials to regulatory agencies such as the US SEC and CFTC, becoming one of the very few listed companies in the Hong Kong stock market that has completed the 'Hong Kong + US' dual hub compliance architecture layout. The strategic layout of the Group is deeply in line with the global regulatory trend. By establishing the US subsidiary IVD GROUP INC., we not only meet the strict requirements of the 'Genius Act' for 100% reserve asset coverage and independent auditing of stablecoin issuers, but also rely on the sandbox mechanism of the Hong Kong 'Stablecoin Ordinance' to build a cross-regional regulatory endorsement system. This dual hub model provides the IVDNewCo Exchange ecosystem with globally rare compliant liquidity support, enabling the Group to establish a first-mover advantage in the 'Hong Kong Stock Stablecoin Concept Sector'. 2. Technological Innovation: 'NewCo+RWA+Stablecoin' Reconstructs the Value Chain of Medical Innovative Drug Assets The core breakthrough of the IVDNewCo Exchange ecosystem lies in the deep integration of Web3 technology and medical innovative drug assets. Relying on the commercial network covering 1,674 tertiary hospitals in China and the ability to acquire high-quality NewCo assets around the world, the Group has created the world's first RWA (real world asset) tokenization platform focusing on medical innovative drugs. The platform achieves the following innovations through blockchain technology: 1). Asset tokenization: converting innovative drug assets such as ADC drugs, bi-antibody therapy, and cell gene therapy in the clinical stage into tradable and divisible digital certificates to break through the liquidity bottleneck of traditional medical assets; 2). Compliance financial infrastructure: establish an underlying architecture to support the issuance, trading and settlement of IVDD stablecoins, ensuring that each $1 stablecoin corresponds to ultra-short-term U.S. Treasury bonds and other low-risk assets, meeting the U.S. SEC's '1:1 redeemable' requirements; 3). Coin-stock linkage mechanism: coordinate with Nasdaq's dual primary listing plan to explore the compound value creation model of 'digital assets + traditional equity' to attract two-way inflows of traditional medical capital and crypto-native funds. The implementation of this technical architecture has been strongly supported by industry data. Public information shows that the current global innovative drug market has exceeded US$1.2 trillion, and China accounts for 6% of the market with a scale of RMB 450 billion, with an annual compound growth rate of 20.3%. Through the RWA platform, the Group expects to significantly improve the financing efficiency of innovative drug assets, while lowering the entry threshold for investors, allowing small and medium-sized investors around the world to participate in the medical innovation field that was originally limited to institutional investment. 3. Ecological synergy: creating a new paradigm for medical finance The Group's strategic advancement has always followed the three-dimensional path of 'regulatory compliance-technological innovation-ecological synergy'. In the United States, IVD GROUP INC.'s license application strictly follows the requirements of the Genius Act for reserve asset transparency, anti-money laundering (AML) and network security. Its technical system has passed a third-party security audit to ensure that smart contracts are free of loopholes; in Hong Kong, the Group will actively promote participation in the HKMA's stablecoin sandbox program to test reserve asset management and cross-border payment scenarios, laying the foundation for license application. More importantly, the implementation of the IVDNewCo Exchange ecosystem is reshaping the value chain of innovative medical drugs. Under the traditional model, the research and development of innovative drugs requires a cycle of up to 10 years, and 80% of the funds are concentrated in the clinical stage. Through the RWA platform, the Group can monetize clinical-stage assets in advance, provide pharmaceutical companies with low-cost financing channels, and provide investors with dynamic returns linked to the progress of drug development. For example, an ADC drug in Phase II clinical trials can attract global capital participation through tokenization, and its development progress data will be uploaded to the chain in real time to ensure that investors' rights and interests are transparent and traceable. 4. Industry Impact and Future Outlook The Group's strategic initiatives have attracted widespread attention from the capital market and the industry. After the announcement on the 17th, IVD Medical's share price opened sharply higher on the 18th, closing at HK$2.95, up 20.41% throughout the day, with a turnover exceeding HK$9.4886 million and a market value of HK$4.783 billion. Behind the market data is investors' strong confidence in the cross-border integration of 'NewCo+RWA+stablecoin'. Looking ahead, the Group will continue to deepen the three strategic directions of compliance expansion, technology deepening and ecological integration. Against the backdrop of the global low interest rate environment and the surge in demand for medical innovation, it will use Web3 technology as a bridge to connect traditional medical capital and digital financial innovation. We firmly believe that through compliance layout and technological innovation, the IVDNewCo Exchange ecosystem will become a value amplifier for global innovative medical drug assets, creating a win-win situation for patients, pharmaceutical companies and investors.
Time of India
21 hours ago
- Politics
- Time of India
Best platform we've had, hope our voices will now be heard, say Indiabulls Centrum Park residents at TOI Townhall
Gurgaon: The air at The Times of India's #WeMakeGurgaon Townhall in Gurgaon was buzzing with anticipation, energy, and most importantly, hope on Saturday. For residents of the Dwarka Expressway area, the new sectors and new townships like Indiabulls Centrum Park, the presence of Union Minister and Gurgaon MP Rao Inderjit Singh in their midst made them feel their voices would finally pierce the curtain of indifference that seems to be drawn around, saddling them with problems ranging from the lack of public transport to water. It helped that Singh strode into the town hall more as the local MP who was there not just to speak but to listen, approachable to anyone who walked up and started a conversation. "This townhall was the best platform for our voices to reach the authorities that people living in the newly developed areas around Dwarka Expressway have ever got," said Ambrish Ranjan, president of the RWA at Indiabulls Centrum Park, the venue for the event. You Can Also Check: Gurgaon AQI | Weather in Gurgaon | Bank Holidays in Gurgaon | Public Holidays in Gurgaon His words captured what many felt: a sense that their voices were finally echoing beyond WhatsApp groups and complaint portals and into actual policy corridors. "Today, we witnessed democracy in action, which is transparent, accountable and inclusive," added Saurav Chaudhary, general secretary of the same RWA. Indeed, the minister not only heard every concern patiently but also assured residents that he would take up each issue with the appropriate authorities and push for timely action. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Compare Spreads: Bitcoin vs Ethereum CFDs IC Markets Learn More Undo Singh's frankness helped as he acknowledged the limitations of centralised governance from Chandigarh and promised to work towards stronger autonomy for Gurgaon. His openness, particularly as he mentioned Gurgaon's contributions to the state's revenue and the mismatch in attention it receives in return, struck a chord with everyone in the crowd. "Moments like these remind us that democracy thrives when leaders and citizens come together," said Vikas Goyat, a local resident. For others, it wasn't just what the minister said, but the fact that he showed up in their housing society that really mattered. "This was a rare yet refreshing example of a govt representative being present, responsive and people-centric," noted resident Tushar Lahiri. He added, "At a time when urban frustration often boils over in silence, this event stood out as a bright spot, proving that when governance meets ground reality, it creates something powerful. And that is called trust."
